Double Close Funding in Michigan | Swift Deal Funding
Double Close funding in Michigan
Double Close funding in Michigan covers wholesale A→B→C transactions where the wholesaler buys from the seller and resells to the end buyer on the same day, at the same title company. Funded amounts in this market typically range $150,000–$500,000, though we have capacity up to $100,000,000+ per single transaction. Funds wire to the closing agent by 9 AM on closing day.
Michigan sees high wholesale activity. Detroit has the lowest entry prices of any major US metro, driving heavy wholesale and fix-and-flip activity. The state’s roughly 10.0 million residents, concentrated in metros like Detroit, Grand Rapids, Warren, drive consistent flow of double-close-eligible deals.
The 4-step Double Close process
- Submit application. Online form with both contracts (A-to-B and B-to-C), end-buyer proof of funds, and title commitment. Typical completion: under 10 minutes.
- Underwriting review. We verify contracts, confirm end-buyer credentials, and coordinate with the closing agent. Completes in 2-4 hours during business hours.
- Wire instructions issued. Approved deals receive wire instructions sent to title the business day before closing.
- Closing day execution. Funds arrive at title by 9 AM. A-to-B closes, B-to-C closes immediately after, our funds repaid from end-buyer proceeds — all within the same business day, typically 4-8 hours.
Pricing for Double Close in Michigan
Tiered flat-fee structure based on funded amount. No upfront fees, no application costs:
| Funded Amount | Fee Rate | Example |
|---|---|---|
| Up to $1,000,000 | 1.25% | $300K deal = $3,750 fee |
| $1M – $10M | 1.0% | $2.5M deal = $25,000 fee |
| $10M+ | Custom | Contact for structure |
All fees collected through the closing statement on the day of close. You pay only if the deal funds and closes.
What you’ll need for Double Close in Michigan
Five requirements, identical across all states:
- Fully executed A-to-B purchase contract
- Fully executed B-to-C assignment or purchase contract
- Verified end buyer with proof of funds or financing pre-approval letter
- Same-day closing scheduled — both sides
- Single title company or closing attorney handling both transactions
No credit check, no income verification, no tax returns. The deal documents underwrite the funding.
Apply for Double Close funding in Michigan
Submit your contracts and end-buyer verification online. Standard turnaround is ~48 hours from complete file to wire-ready; same-day possible for applications before 11 AM Eastern.
Frequently Asked Questions
Do you fund Double Close funding deals in Michigan? +
Yes. Swift Deal Funding provides Double Close funding for real estate transactions in Michigan and all other US states. Closings are coordinated through licensed title companies or closing attorneys in the state where the property is located. We have funded deals in every US state and are familiar with state-specific documentation requirements.
How fast can you fund a Double Close funding deal in Michigan? +
Standard turnaround across all states, including Michigan, is about 48 hours from a complete application to wire-ready. Same-day funding is possible when applications arrive before 11 AM Eastern with complete documents (executed contracts, end-buyer verification where applicable, title commitment). We wire funds to the closing agent by 9 AM Eastern on the day of closing.
Are there state-specific requirements for Double Close funding in Michigan? +
Michigan's documentation requirements are standard for Double Close funding transactions. Our underwriting team is familiar with Michigan title company practices and closing conventions. We do not check credit, verify income, or require tax returns regardless of state. The deal documents — contracts, title commitment, and (for Double Close/Echo) end-buyer verification — are what underwrite the funding.
Apply for Double Close Funding in Michigan
Submit your application online — same-day decisions for complete files before 2 PM Eastern.